alstry (35.28)

50% Labor Cuts.....Just Like Alstry Forecasted

8

When you focus on pancakes and flatscreens, and fail to heed the danger of the Zombulator and take action.....inevitably Zombulation is the result and 50% unemployment is the best you can hope for.......

EL PASO, Texas — About half of the staff at El Paso's CBS-affiliated television station has been laid off.

Margaret Carrillo, the station's accounting and personnel supervisor, said Friday that about half of KDBC 4 News' nearly 50 employees were let go as part of a new joint sales agreement with the local NBC affiliate, KTSM.

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Big Download has learned through several unnamed but reliable sources that Austin, Texas based game publisher Aspyr Media has laid off a large amount of its team members a couple of weeks ago. One of our sources estimated that over 50 percent of the workers were let go with only a handful of team members now remaining in the offices.

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Dec 11 (Reuters) - GTx Inc (GTXI.O) said it would cut about 28 percent of its workforce, after U.S. health regulators last month declined to approve the company's key drug to reduce fractures in men with prostate cancer.

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MANY OTHER BUSINESSES WILL SIMPLY SHUT DOWN COMPLETELY AND GET RID OF ALL THE EMPLOYEES.....

If by the end of the Summer....yes the end of Summer....if the following is not the general perception of most of the reasonable caps players...and even a few of the unreasonable ones as well....Alstry will quit blogging forever.....unless of course he is rated 100 before then which is also very likely and the basis to quit blogging.

By the end of Summer....most CAPs players should have most the following perceptions:

1. That America is heading to its GREATEST Depression in History.

2. That residential and commercial construction will pretty much come grinding to a halt.

3. That Auto Sales will slow to a trickle.

4. That cities, counties and states will be forced to fire hundreds of thousands of workers...maybe millions.

5. That many of our schools will be forced to shut down or scale way back.

6. Unemployment or the fear of unemployment will reach the highest levels in our lifetime.

7. Bankruptcies and loan defaults will explode to levels never seen in history.

8. Earnings for many of our corporations will be on track to be simply a memory and no longer reality.

9. Motley Fool will be known as the spawning ground for one of the most accurate economic forecasting disciplines in the World....Alstrynomics.

10. Deej will actually like Alstry and agree that Alstry was right all along.

If the vast majority of the above fail to materialize....Alstry's done. Period.

I know you are an economic & social observer/ forecaster- but I was listening to Rep. Michelle Bauchman today and realized something political that is nerving me. Why does it seem like we are getting tons of committees in these mammoth bills lately- healthcare committees, auto committees, now in the new 1300 page bill that passed the house last night there are financial committees. Maybe our legistlature exists only to make more committees. We have presidential appointed committees to oversea every facet of our economy.